EVsCnEVPostabout 3 hours ago
China State Media Rebuts 'De-CATLization' Narrative
4 min read
CNII, a media outlet under China's MIIT, published a Tuesday commentary rejecting the 'de-CATLization' narrative as automakers diversify battery sourcing. It warned that low-price competition is spreading upstream and criticized marketing joint development as entirely in-house research. CATL's Shenzhen shares fell 3.84% Wednesday, down about 35% from their early-May peak.
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